$6,876 Closing Credit*
$579,000
2,491 SqFt
4 Beds
•3 Full Baths
Farid Nasraty, Listing Office: Alliance Bay Realty
Is Patterson, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Patterson has remained a Seller's Market.
Key Takeaway
Patterson is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Patterson, CA
How much do homes in Patterson, CA cost?
Median Sold Price
$530,000
$211/sqft
Based on all homes sold in December 2024.
Difference Since Last Month
-$30,000(-5.4%)
Key Takeaway
Homes in Patterson have sold for 5.4% less than they did a month ago.
Summary: The median home sold price in Patterson was $530,000 in December 2024, down 5.4% from last month, and the median price per square foot was $211.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $341K | $455K | +33.4% |
| 4 Bedrooms | $560K | $530K | -5.4% |
| 5+ Bedrooms | - | $575K | N/A |
Summary: Patterson housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 33.4%, 4 bedroom homes decreased by 5.4%, and 5+ bedroom homes did not change.
Housing Supply in Patterson, CA
How many homes are available in Patterson, CA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 21 | 16 | -23.8% |
Summary: The Patterson real estate market had 16 homes for sale in December 2024, a 23.8% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 7 | 6 | -14.3% |
| 4 Bedrooms | 8 | 4 | -50.0% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Patterson housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 14.3%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 5 | 3 | -40.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Patterson, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Patterson in December 2024, down by 40.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Patterson, CA
How long does it take to sell a home in Patterson, CA?
Average Sale Time
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 32 Days | 52 Days | +63.5% |
Summary: Homes in Patterson had an average of 52 days on market in Dec 2024, up by 63.5% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Patterson has remained consistent over time.
Summary: During December 2024, 3 homes were sold in Patterson; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.